Post of Duty: Multiple Locations โ Argentina, Barbados, Bahamas, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Peru, Panama, Paraguay, Suriname, Trinidad & Tobago, Uruguay.
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position:
One of the main challenges faced by governments in Latin America and the Caribbean (LAC) involves the proper management of public debt and sovereign risks. Under this context, through the Connectivity, Markets and Finance (CMF) Division, the bank supports the strengthening of institutional capabilities, and the improvement of the development and execution of public policy in relation to public debt and risk management.
Since 2005, the bank has supported Debt Management Offices within the region through the โGroup of Latin American and the Caribbean Debt Management Specialistsโ (LAC Debt Group). The group is made up of 26 countries within the region. Its objective is to strengthen the capacity of governments to manage public debt and to foster better management practices through the continuous sharing of experiences, technical discussions, and cooperation across countries. The main activities of the group focus on fulfilling the need of: (i) technical knowledge of public debt and risk management; (ii) systematic, regular, and detailed information regarding public debt of the region; (iii) standardized framework to report sovereign contingent liabilities of the region; (iv) high level discussions, sharing of experiences, and dissemination of technical knowledge at a regional level.
With the objective of fulfilling the goals, the bank requires to strengthen its technical team by introducing a consultant who has the capacity to fulfill the of role technical assistant for the LAC Debt Group.
The main activities of the Connectivity, Markets and Finance (CMF) Division involve: (i) support the strengthening of regulatory frameworks and financial supervision to improve transparency and foster a favorable investment environment and increase access to credit; (ii) develop capital markets and risk management instruments; (iii) implement and strengthen regulation and institutions for an effective financial risk management.
What youโll do:
The selected candidate will fulfill the role of technical assistant for the LAC Debt Group.
The consultant will carry out the following activities.
- Preparation of institutional diagnosis of the functioning of the public debt offices for the definition of roadmaps aimed at strengthening the internal organization of the debt offices across the Region.
- Technical management of the LAC Debt Groupโs activities, working in close contact with the Executive Secretary, members of the Steering Committee, and other representatives of member countries.
- Research Agenda and LAC Debt Group Working Groups. The consultant will help develop research papers and knowledge generation in relation to management of sovereign liabilities, new financial instruments for sovereign liabilities, investor relations by debt management offices, and public debt management institutional structures and functioning. Following the directions given by the supervisor, the consultant will support with fact checking, research and analysis of quantitative data, editing and review of terms of reference.
- The consultant will require access to LAC Debt Group databases (debt statistics and institutional analysis) and LAC debt group email to manage adequately the data gathering, processing and visualization in the IDB systems, as well as the communications with the LAC Debt Group members to organize events and workshops.
- LAC Debt Groupโs Annual Meeting. The consultant will be involved with the technical aspects of the eventโs organization. They will collaborate with:
i. The creation of the eventโs agenda
ii. The event coordination โ i.e., work with panelists and moderators of the round tables โ including drafting discussion questions.
iii. Contacting speakers and moderators, as well as extending invitations and monitoring assistance.
iv. The production of eventโs minutes
v. Coordination with the communications team.
vi. The publication of eventโs documents (e.g. agenda, press releases, presentations, photos) on the Groupโs website. The consultantโs responsibilities include to request process of approval from each panelist, in order to publish presentations and the follow-up of each publication process.
- LAC Debt Groupโs Website Management. The consultant will oversee updating the content of LAC Debt Groupโs website. Additionally, the consultant will support the publication and follow-up of the content
- Sovereign debt statistics data collection and update. The consultant will oversee contacting debt mangers in LAC to request sovereign debt statistics every six months, as well as to collect data on the institutional development of debt management offices.
What you'll need:
- Education: Technical or bachelorโs degree in economics, finance, or related areas.
- Experience: Two years of experience.
- Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
Key skills:
- Learn continuously.
- Collaborate and share knowledge.
- Focus on clients.
- Communicate and influence.
- Innovate and try new things.
Requirements:
- Citizenship: You are either a citizen of Uruguay or a citizen of one of our 48-member countries with residency or legal permit to work in Uruguay.
- Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
- Remote Modality: The selected candidate will not provide services from the Bankโs office and will not be provided a physical space on the premises of the Bankโs Country Office. The candidate selected will be responsible for setting up the space, and for having the equipment, internet, and phone accesses to accomplish these TORs, outside the Bankโs office. Access to the Bankโs systems will be arranged in coordination with the Bank.
Type of contract and duration:
- Type of contract: National Consultant (National Remote Modality).
- Length of contract: 12 months.
- Work Location: Remote.
What we offer:
The IDB group provides benefits that respond to the different needs and moments of an employeeโs life. These benefits include:
- A competitive compensation package.
- Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
- Health Insurance the IDB Group provides a monthly allowance for the purchase of health insurance.
- Savings plan: โโโโโโโThe IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
- Hybrid and